Region: Ecuador

Ecuador raids Chinese company in presidential bribery probe

Ecuadorian police have searched the offices of Chinese engineering company Sinohydro as part of a bribery investigation targetting former president Lenín Moreno.

08 September 2022

Three men indicted for bribery, money laundering linked to Ecuadorian insurance companies

The charges are the latest in a DOJ investigation into Ecuadorian state-owned insurance companies, Seguros Sucre and Seguros Rocafuerte.

20 July 2022

FCA fines recidivist insurer over anti-bribery breaches

The UK’s financial regulator has issued a second compliance breach penalty to a London subsidiary of an insurance company at the centre of an apparent SFO bribery investigation.

22 June 2022

Ecuador fines Odebrecht $57 million for corrupt agreement with state power company

22 June 2022

Miami businessman to be released following DOJ cooperation

A Miami judge reduced Frank Chatburn’s sentence after he cooperated with the Justice Department over the PetroEcuador bribery scheme.

09 May 2022

DOJ declination confirms SFO probe into UK insurer

Featured in In-house

A recent Justice Department letter stated it will credit millions in disgorgement paid by JLT against a future settlement with the SFO, in an apparent first official confirmation of the anti-fraud office’s linked probe into the company.

31 March 2022

US insurer resolves legacy Colombian bribery investigation

Colombian authorities have fined an insurance business in a bribery case that has caught the eye of the UK’s Serious Fraud Office and has led to an in-principle declination from the Justice Department.

15 March 2022

Ecuador investigates president over tax fraud allegations

22 October 2021

Ecuador and the UN sign agreement to fight corruption

15 September 2021

US nets guilty plea in Ecuador pension bribery scheme

The individual, a former manager at a private Ecuadorian company, admitted to taking bribes from an investment adviser accused of being at the centre of the scheme.

12 July 2021

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